Ansel owns Bar-B Ranch. Ansel's only son Cy owns Double-D Ranch in the same county. Ansel gives 90 percent of the Bar-B to Etta, a short-term employee. This gift

A. may lack the required element of "donative intent."
B. may lack the required element of "donor's acknowledgement."
C. may lack the required element of "heir's acquiescence."
D. meets all of the requirements for an effective gift.


Answer: A

Business

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What will be an ideal response?

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Indicate whether the statement is true or false

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